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Breaking: NEO Heading to Korea After Chinese Shutdown

Published 2 years ago by Christine Masters

Breaking: NEO Heading to Korea After Chinese Shutdown

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The Chinese platform NEO will be listed on the Korean exchange CoinNest. There were rumors over the weekend that new coins and tokens would be arriving for Korean buyers, but this time the company itself confirmed the news. Even the rumors managed to lift the price of NEO over the weekend. The coin added more than 10% to its price in the past 24 hours, reaching $21.73. NEO is still far from its August peak near $50, but the arrival of new investors may turn the tides. Korean buying has a great effect on market prices. Da Hongfei, the creator of NEO, offered comments on the recent Chinese ban. Da even believes that the Chinese government may warm up to blockchain projects in the future: "I do not expect the government to call me in the short term and say, ‘Let’s use NEO as the blockchain technology infrastructure in China.’ Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full

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